Enbridge (Germany) Price on May 31, 2024
| EN3 Stock | EUR 41.74 0.51 1.24% |
If you're considering investing in Enbridge Stock, it is important to understand the factors that can impact its price. As of today, the current price of Enbridge stands at 41.74, as last reported on the 23rd of November, with the highest price reaching 42.02 and the lowest price hitting 41.44 during the day. Enbridge appears to be very steady, given 3 months investment horizon. Enbridge secures Sharpe Ratio (or Efficiency) of 0.25, which denotes the company had a 0.25% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for Enbridge, which you can use to evaluate the volatility of the firm. Please utilize Enbridge's Mean Deviation of 0.903, semi deviation of 0.7298, and Downside Deviation of 1.04 to check if our risk estimates are consistent with your expectations.
Enbridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Enbridge |
Sharpe Ratio = 0.2502
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Estimated Market Risk
| 1.19 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.3 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.25 actual daily | 19 81% of assets perform better |
Based on monthly moving average Enbridge is performing at about 19% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Enbridge by adding it to a well-diversified portfolio.
Enbridge Valuation on May 31, 2024
It is possible to determine the worth of Enbridge on a given historical date. On May 31, 2024 Enbridge was worth 31.3 at the beginning of the trading date compared to the closed value of 31.73. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Enbridge stock. Still, in general, we apply an absolute valuation method to find Enbridge's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Enbridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Enbridge's related companies.
| Open | High | Low | Close | Volume | |
| 31.19 | 31.73 | 31.19 | 31.73 | 1,140 | |
05/31/2024 | 31.30 | 31.73 | 31.30 | 31.73 | 886.00 |
| 31.91 | 32.34 | 31.91 | 31.94 | 4,265 |
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Enbridge Trading Date Momentum on May 31, 2024
| On June 03 2024 Enbridge was traded for 31.94 at the closing time. The highest daily price throughout the period was 32.34 and the lowest price was 31.91 . The daily volume was 4.3 K. The net trading volume on 06/03/2024 added to the next day price rise. The overall trading delta to closing price of the next trading day was 0.66% . The overall trading delta to current closing price is 0.50% . |
Enbridge Fundamentals Correlations and Trends
By evaluating Enbridge's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Enbridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Enbridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Enbridge Stock history
Enbridge investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Enbridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Enbridge will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Enbridge stock prices may prove useful in developing a viable investing in Enbridge
Enbridge Inc. operates as an energy infrastructure company in Canada and the United States. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada. ENBRIDGE INC operates under Oil Gas Midstream classification in Germany and is traded on Frankfurt Stock Exchange. It employs 12000 people.
Enbridge Stock Technical Analysis
Enbridge technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Enbridge Period Price Range
Low | November 23, 2024
| High |
0.00 | 0.00 |
Enbridge cannot be verified against its exchange. Please verify the symbol is currently traded on Frankfurt Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Enbridge November 23, 2024 Market Strength
Market strength indicators help investors to evaluate how Enbridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Enbridge shares will generate the highest return on investment. By undertsting and applying Enbridge stock market strength indicators, traders can identify Enbridge entry and exit signals to maximize returns
Enbridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Enbridge's price direction in advance. Along with the technical and fundamental analysis of Enbridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Enbridge to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1761 | |||
| Jensen Alpha | 0.2971 | |||
| Total Risk Alpha | 0.1038 | |||
| Sortino Ratio | 0.1529 | |||
| Treynor Ratio | (0.67) |
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| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Enbridge Stock analysis
When running Enbridge's price analysis, check to measure Enbridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enbridge is operating at the current time. Most of Enbridge's value examination focuses on studying past and present price action to predict the probability of Enbridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enbridge's price. Additionally, you may evaluate how the addition of Enbridge to your portfolios can decrease your overall portfolio volatility.
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